Credit Sales

  1. Law
  2. South Carolina Code of Laws
  3. Consumer Protection Code
  4. Credit Sales

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Section
37-2-101

Short title.

Section
37-2-102

Scope.

Section
37-2-103

Index of definitions in chapter.

Section
37-2-104

"Consumer credit sale" defined.

Section
37-2-105

"Goods"; "merchandise certificate"; "services"; "sale of goods"; "sale of services"; "sale of an interest in land"; "precomputed" defined.

Section
37-2-106

"Consumer lease" defined.

Section
37-2-107

"Seller" defined.

Section
37-2-108

"Revolving charge account" defined.

Section
37-2-109

"Credit service charge" defined.

Section
37-2-110

"Cash price" defined.

Section
37-2-111

"Amount financed" defined.

Section
37-2-201

Credit service charge for consumer credit sales.

Section
37-2-202

Additional charges.

Section
37-2-203

Delinquency charges.

Section
37-2-204

Deferral charges.

Section
37-2-205

Credit service charge on refinancing.

Section
37-2-206

Credit service charge on consolidation.

Section
37-2-207

Credit service charge for revolving charge accounts.

Section
37-2-208

Advances to perform covenants of buyer.

Section
37-2-209

Right to prepay.

Section
37-2-210

Rebate upon prepayment.

Section
37-2-301

Compliance with Federal Truth in Lending Act.

Section
37-2-302

Receipts; statement of account; evidence of payment.

Section
37-2-303

Notice to cosigner and similar parties.

Section
37-2-304

Advertising.

Section
37-2-305

Filing and posting maximum rate schedule.

Section
37-2-306

Notice of assumption of rights.

Section
37-2-307

Motor vehicle sales contracts closing fees.

Section
37-2-308

Disclosures for motor vehicle sales or leases; credit and lease advertising; penalties and hearing rights.

Section
37-2-309

Manufactured home credit disclosure; material terms.

Section
37-2-401

Scope.

Section
37-2-402

Use of multiple agreements.

Section
37-2-403

Certain negotiable instruments prohibited.

Section
37-2-404

Assignee subject to claims and defenses.

Section
37-2-405

Balloon payments.

Section
37-2-406

Restriction on liability in consumer lease.

Section
37-2-407

Security in sales and leases.

Section
37-2-408

Cross-collateral.

Section
37-2-409

Debt secured by cross-collateral.

Section
37-2-410

No assignment of earnings.

Section
37-2-411

Referral sales and leases.

Section
37-2-412

Notice of assignment.

Section
37-2-413

Attorney's fees.

Section
37-2-414

Limitation on default charges.

Section
37-2-415

Authorization to confess judgment prohibited.

Section
37-2-416

Change in terms of revolving charge accounts.

Section
37-2-501

Definition: "home solicitation sale".

Section
37-2-502

Buyer's right to cancel.

Section
37-2-503

Form of agreement or offer; statement of buyer's rights.

Section
37-2-504

Restoration of down payment.

Section
37-2-505

Duty of buyer; no compensation for services before cancellation.

Section
37-2-506

Compliance with Federal Trade Commission Trade Regulation Rule.

Section
37-2-601

Sales subject to title by agreement of parties.

Section
37-2-605

Credit service charge for other sales.

Section
37-2-701

Definitions.

Section
37-2-702

Required disclosures; manner of disclosure; when disclosures required.

Section
37-2-703

Renegotiation; extension of agreement.

Section
37-2-704

Advertisements; statement of terms.

Section
37-2-705

Delinquency charges.

Section
37-2-706

Deposits; delivery charges; pick up charges.

Section
37-2-707

Charge for default of lessee.

Section
37-2-708

Use of note as evidence of consumer's obligation.

Section
37-2-709

Assignment; claims or defenses.

Section
37-2-710

Assignment of earnings.

Section
37-2-711

Lessee's rights and obligations upon assignment.

Section
37-2-712

Confession of judgment.

Section
37-2-713

Lessee's right to return property, continue rental, or purchase property before end of rental-purchase agreement.

Section
37-2-714

Lessee's right to reinstatement of rental-purchase agreement.